WSH 082 SB Cardholder Agreement Disclosure

On the record for MM15850 WSH 082 SB Cardholder Agreement Disclosure: a purchase APR of 14.49%–25.49%, no annual fee and a 12-month 0% opening period, filed by First-Citizens Bank & Trust. Against the 4,587 filings on this site, that rate lands around the 61st percentile.

The disclosed terms

This page covers the agreement First-Citizens Bank & Trust filed for MM15850 WSH 082 SB Cardholder Agreement Disclosure. It is issued on the Visa network and the filing runs five pages.

On the record here: a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. It is silent on a balance transfer rate, a penalty rate and a grace period.

What the promotional rate is worth

This agreement opens at 0% for 12 months, the only period in the document where carrying a balance is free.

Roughly 458 of the 4,587 filings indexed here disclose a zero-percent introductory rate, so this is a real feature of the document but not a rare one.

Once the introductory period ends the rate becomes 25.49%, which turns a lingering $1,000 balance into approximately $290 of annual interest.

The promotional window is therefore worth something on the order of $290 on $1,000, measured against the same balance priced at the standard rate for the same period.

Where the purchase APR sits

Rather than a single purchase rate, the document gives a band — 14.49% at the bottom, 25.49% at the top, 11 points wide. The agreement discloses the range without disclosing how an account is placed within it.

Those two numbers occupy very different places in the corpus: roughly the 29th percentile at the bottom and the 61st at the top.

This is disclosed as a variable rate. The number above is a snapshot: it tracks an index, so it changes without the agreement being amended.

The arithmetic of revolving

The purchase rate turns a $1,000 revolving balance into roughly $290 of annual interest.

On a median-priced agreement from this index (21.99%) the same $1,000 would run about $246 a year, so this card costs in the region of $44 more annually for the identical balance.

Month to month it reads as about $21.16 per cycle on that balance.

Small balances do not get a proportionally small bill — the agreement imposes a $1 minimum interest charge in any month where interest applies.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

Grace period and minimum charge

A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

When a payment is late

$25 is the disclosed ceiling on a late payment fee, placing it near the 32nd percentile of the set.

Fees, and what triggers them

The annual fee is $0. Roughly 75% of filings here that state a fee state zero, so the absence of one is unremarkable in this market.

Cash advances carry a cash advance fee of $5 or 3% of the advance, whichever is greater and a cash advance APR of 25.49%.

Transfers are charged $5 or 3% of the amount transferred, whichever is greater, though no distinct transfer APR appears in the document. On $5,000 that fee is about $150 before any interest is charged.

The filing sets a 2% foreign transaction fee, which adds roughly $30 to $1,500 spent outside the United States.

How it sits in the issuer's own range

This is one of 6 First-Citizens Bank & Trust agreements collected here. The issuer's own range is 22.49%–26.24%. At 25.49%, this agreement is dearer than 3 of its siblings.

The limits of this document

This page cannot tell you a grace period and penalty pricing, because the filing's disclosure table as read does not contain them.

More broadly, a CFPB agreement filing is a legal and pricing document. It does not describe rewards, benefits, sign-up offers, eligibility or approval criteria, and nothing of that kind has been inferred on this page. Where a card has features of that sort, they live outside this document entirely.

Reading the agreement yourself

Everything here is a reading of the filed agreement, five pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

25.49% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Because there is no annual fee, everything depends on the revolving behaviour: used as a payment instrument and cleared monthly, this agreement costs nothing.